Intellias announces results for Q1-Q2 2009

Online, November 12, 2009 (Newswire.com) - Intellias, one of the leading Ukrainian providers of outsourced software development services in D-A-CH region, has announced its results for the first and second quarter of 2009.

Compared to the net revenues in the first six months of 2008, the figures for first half of 2009 are 49% up, despite considerable slowdown in the global economy. The same as for the last year, the lion's share of the revenue is generated from the clients from D-A-CH region followed by Benelux and Nordics.

The company has acquired 6 new customers from Germany, Switzerland and Norway. The industries served include media, advertising, logistics and consulting.

The sales efforts of Intellias were reinforced by newly established onsite sales partnerships in Germany and Switzerland. Besides presales activities, the company's partners are offering on-site project management and delivery support. Intellias is pursuing a clearly defined strategy of becoming a next-door outsourcing partner, with a substantial variety of onsite activities being a hallmark of this strategy.

For the third consequent year, Intellias has passed ISO 9001 certification audit, confirming its commitment to quality and service excellence for its clients. In second quarter of 2009 the company has also confirmed its Microsoft Certified level.

"Positive results of the first six months of 2009 give us confidence regarding completing our strategic goals in the second half of the year. Continued flow of project assignments from the existing customers and successful launch of the cooperation with the newly acquired clients are the obvious signs that the recession in the European IT industry is slowly coming to an end" - comments company's CEO Vitaly Sedler.